We are Real Estate Investment Strategists
We know Economics, we know about Investing, and we know Real Estate and Financing. We use our extensive knowledge in Economics to forecast the economic potential of local areas in the U.S. (No, we don't use the daily stories from USA Today). We are also investors so we know how to figure out what's a realistic investment and what is "too good to be true". In a nutshell we scout for the high return investments in the best areas of the country.
In addition, we go the extra mile for you. If you don't see something on the list of properties already available tell us what your investment criteria is and we'll be happy to find property that fits your unique investment needs. Whether it's property that you'd like to rehab yourself or multi-units property, tell us about it and we'll get to work towards your goal.
We look for three elements when assessing the feasibility of a passive investment.
1. Areas with good economic indicators. It does not sound that complicated but it takes research and common sense. Think about this for a moment. An area with high unemployment usually implies the local government cannot collect enough taxes to pay for its expenses. When you own property in that area you may end up paying the share of taxes for those that are not able to pay. That’s why you have to ask yourself how something like this will affect you and your investment.
2. Properties with good cash flow. Low prices are great but that’s not everything. What good does it do to have huge property taxes and insurance? Here is a tip for you. An economically depressed area represents a high risk to insurance companies. As a result few insurers will want to offer insurance coverage in those areas. And guess what? The fewer the insurance companies the higher the price of coverage. High risk to the insurer means high premium for you.
3. A strong professional team. We will not act as your attorney, your accountant or your property manager but part of our service is to set you up with competent professionals that have experience and will work in your best interest.
- Great Property Managers. Not all managers are the same. You may find that there are property managers and then there are a few great property managers. The ideal manager is the one that will properly screen potential tenants so that you don’t end up with tenants that won’t pay their rent or destroy the property. He/she will be knowledgeable with the current rental values so that your rental won’t be priced out of the rental market. The ideal manager will use the right avenues to keep your property rented out and without long vacancies.
- A good attorney will provide you with excellent legal advise. When buying real estate you may not want the liability to follow you personally. An attorney can help you set up the right structure in which to get the vesting of your properties, whether it’s a LLC, corporation, or any other form of entity.
- Your accountant should be your buddy. We really mean that because excellent tax advise is not easy to get and the difference between a marginal tax advise and a great one is like the difference between day and night. In the end, you will have a mediocre investment or an outstanding investment.
